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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (2599)	12/22/1998 11:58:00 PM
From: Ron Bower	Read Replies (2) \| Respond to of 2951

Tom, Not liking the trend in China. I have the feeling that Jiang, the Party, and PLA trying to increase power at the expense of reforms. The worst of it is the new restrictions on freedom of press with no guidelines meaning the judicial can make interpretations as they wish. A big step backward. Wondering where Zhu stands in this situation? Most upsetting, Ron

To: Tom who wrote (2599)	12/29/1998 11:35:00 AM
From: WONG	Read Replies (1) \| Respond to of 2951

Disneyland coming to HK! It is now quite an open secret that the US Walt Disney company have decided to build their third international theme park in Hong Kong. In fact, the confirmation would have come a lot earlier had not been the strong arm tactics used by the Disney executives during the negotiation phase. You see, Hong Kong is dying to improve their tourism industry after the drastic downturn following the hand over and the Asian financial crisis. Not to mention the one of it's kind bird flu and mysteriously dying fishes. This meant that Hong Kong is "exploitable" as shown by the Disney demands that all costs associated with land reclaimation, infrastructure and public transport system development to be shouldered by the Hong Kong government. To the tune of a rumoured HK$3 billion. On the other hand, annual attendance has to reach the 10 million mark in order to become profitable. Given the past track record of other international Dsneyland projects (e.g. EURO Disney), this could still be a big gamble. But with the HK government running out of clues to jump start the economy and the Disney brand name, they are very likely to bite the bullet in the very end.